Wenham, MA
Maps & Population Facts
Population
5,179
Population Density
676
Labor Participaton
57.3%
Bachelor's or Higher
64.2%
Median Household Income
$96,979
Median Individual Income
$11,511
Median Individual Income(Full-time Workers Only)
$82,411
Housing Estimates
Median House Value
$535,800
Median Gross Rent
$1,262
Median Mortgage Payment
$2,942
Housing Units
1,381
People who reside in Wenham live in:
Detached - Single Family Homes
76%
Apt, Condo, Other
24%
Analysis
Income
Households in Wenham earn significantly more money than the national median income, averaging 61% higher per household.
Housing
Wenham has a median house price of $535,800, which makes it one of the most expensive places in the United States to own property. The cost of renting in Wenham is 25% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 8% |
Demographics
The median age in Wenham is 25. Wenham has a population that is significantly younger than in comparison to the US median age.
Wenham ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Wenham | Massachusetts | USA | |
Median Property Value | 535,800 | 385,400 | 217,600 |
Median Mortgage Payment | 2,942 | 2,108 | 1,513 |
Median Gross Rent | 1,262 | 1,208 | 1,012 |
Property Vacancy | 0.0% | 10.0% | 12.6% |
% Renters | 10% | 38% | 36% |
Residents per Sq. Mi. | 676 | 885 | 93 |
Personal Comparison
Wenham | Massachusetts | USA | |
Median Household Income | 96,979 | 77,385 | 60,336 |
Median Individual Income | 11,511 | 41,700 | 33,646 |
Median Income (Full-Time) | 82,411 | 60,923 | 46,881 |
Median Age | 24.7 | 39.5 | 38.1 |
Labor Participation | 57.3% | 67.8% | 62.8% |
Attained College Degree | 64.2% | 43.4% | 32.0% |
Population Density Analysis
Wenham, MA
676
Residents per Sq. Mile
The population density of Wenham is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +